Key facts
- Amundi was established as Europe's equivalent to asset management giant BlackRock.
- Amundi's growth strategy historically involved acquisitions.
- Amundi has not completed significant deals in recent years.
- Competitors are now narrowing the gap with Amundi.
Amundi was established with the ambition of becoming Europe's answer to the global asset management giant BlackRock, a company that significantly expanded its scale through strategic acquisitions. However, after a prolonged period without undertaking major deals, Amundi is now facing increased competition as rivals are beginning to close the gap in terms of market presence and scale.
